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Feb 19, 2013
02/13
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generally what we see is you can get more done when you break things up, especially in this obstructionist environment. it is hard to move big legislation. it's hard to move a budget. >> yes. >> it's hard to move anything. so i can understand the appeal to that. but i do go back to what the president said in the moving moments in the state of the union which is that the people hurt by these tragedies deserve a vote, and so whether it is one package or a bunch of individual statutory fixes, there should be an up or down vote in both houses of congress on every issue. in the house we have the problem of leading from behind. a speaker of the house, an important job, in line for the presidency, but we have john boehner announcing that he doesn't think his job is to do anything or lead on anything or pass anything until the senate -- i guess that's news to republicans who want a strong leader, it seems weak to me on this issue and others. and then in the senate, the highest obstruction rate, closure votes on the filibuster, of any presidency in american history. so i hope the president gets back out on the
generally what we see is you can get more done when you break things up, especially in this obstructionist environment. it is hard to move big legislation. it's hard to move a budget. >> yes. >> it's hard to move anything. so i can understand the appeal to that. but i do go back to what the president said in the moving moments in the state of the union which is that the people hurt by these tragedies deserve a vote, and so whether it is one package or a bunch of individual statutory...
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Feb 15, 2013
02/13
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has been tame it makes for a healthy environment revenue environment in the airline business right now. neil: and finally, i do want to get into something you keep one eye on washington, this idea they could be on a verge of a brink in a couple of week of automatic spending cutting that kick in, you heard that, do you, as ceos, and big mucketty mucks, let this affect you, it is noise to you? is it worrisome chatter to you? your business plan? it didn't affect your merger announcement today, but many of your colleagues say it does and it worries them, what say you? >> well, i think you control what you can control. for doug and i we can control the outcome of the merger. and we have seen this as an opportunity to create value for the companies, irrespective of the environment in washington. neil: one final line for consumer travel airline, this echoes back to what you said at the beginning. the benefits of it deal will go to corporation. not to consumers, this is growing anst among the groups that represent customers there could be hell to pay from this. why do you think that is so raan
has been tame it makes for a healthy environment revenue environment in the airline business right now. neil: and finally, i do want to get into something you keep one eye on washington, this idea they could be on a verge of a brink in a couple of week of automatic spending cutting that kick in, you heard that, do you, as ceos, and big mucketty mucks, let this affect you, it is noise to you? is it worrisome chatter to you? your business plan? it didn't affect your merger announcement today, but...
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Feb 11, 2013
02/13
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quinnipiac says the president is more trusted on gun policy, immigration, the environment, everything basically, but his lead on foreign policy is a staggering 14 points. what makes republicans think this is a good thing to have a fight over? >> right. up until recently everybody said, look, politics stops at the water's edge, and that hasn't been the case for the last couple years with this republican party. but it turns out that it wasn't necessarily that both parties followed that axiom because they were being nice about it. it turns out that it's incredibly bad politics to challenge your sitting president overseas. and, you know, this benghazi thing has not worked out for the republican party at all. they tried effectively to make it the biggest issue of the presidential campaign in the last several weeks, and people just didn't buy into it. what they saw is a tragedy. something that was -- if it could have been prevented, it should have been prevented, but they weren't going to start pointing blame and ask for the resignations of hillary clinton and throw barack obama out of offi
quinnipiac says the president is more trusted on gun policy, immigration, the environment, everything basically, but his lead on foreign policy is a staggering 14 points. what makes republicans think this is a good thing to have a fight over? >> right. up until recently everybody said, look, politics stops at the water's edge, and that hasn't been the case for the last couple years with this republican party. but it turns out that it wasn't necessarily that both parties followed that...
SFGTV: San Francisco Government Television
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Feb 15, 2013
02/13
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this will help create environments for the san francisco gardner stake and western pond turtle. we have currently six active projects on both the peninsula and the sunol region, and three more will be undertaken later this year. now, of course, we need to speak about cal aver as. following your approval of revisions at the last meeting, we are now seeking approval from the board budget and finance committee tomorrow actually for transferring the $117 million from the reserve to the project. * at the same time we have begun negotiation sessions with the contractor and we are very close now to a final agreement on the schedule side of things. so, this is good news. we are really much focusing on the negotiation of direct cost impacts. and by the end of this week i anticipate that we will probably either have an agreement on those or we will have identified specific discrepancies and a way to get, you know, the way to move forward with those discrepancies. however, where the most significant disagreementses are likely is on what we call indirect costs. that includes filled and home
this will help create environments for the san francisco gardner stake and western pond turtle. we have currently six active projects on both the peninsula and the sunol region, and three more will be undertaken later this year. now, of course, we need to speak about cal aver as. following your approval of revisions at the last meeting, we are now seeking approval from the board budget and finance committee tomorrow actually for transferring the $117 million from the reserve to the project. *...
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Feb 12, 2013
02/13
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i hope that casey grows up in an environment where they'll look back at this and say wow, you know, this is crazy that they had to go through that. but i hope that sees that her parents are proud enough to step up and fight for her equality as well. >> around thanksgiving, charlie morgan told the "washington post" that she was praying that the supreme court would hear the challenge to doma quickly. she said, quote, i really need to be alive when they actually do overturn doma. otherwise karen is not guaranteed anything. charlie morgan did not make it that far. she died on sunday morning. she was 48 years old. the "washington post" reports that her widow karen will not receive survivor benefits. the paper also notes that in ordinary times, charlie and karen would have been glad for the new executive order allowing the family to shop on military bases. we asked today whether officer charlie morgan had heard about the changes that secretary panetta was preparing to announce today. the answer is that it appears she had not. she apparently had not heard about it. it's a very sad story. for ma
i hope that casey grows up in an environment where they'll look back at this and say wow, you know, this is crazy that they had to go through that. but i hope that sees that her parents are proud enough to step up and fight for her equality as well. >> around thanksgiving, charlie morgan told the "washington post" that she was praying that the supreme court would hear the challenge to doma quickly. she said, quote, i really need to be alive when they actually do overturn doma....
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Feb 14, 2013
02/13
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and if we want to create high-paying jobs for people we need to create an environment that's friendly to firms to create jobs. >> the tax burden -- i was going to say, the tax burden on corporation is the lowest it's been in decades. >> because they're locating the jobs overseas. that's how the curve works. >> 11 european union commissioners, including the conservative finance minister of germany has signed on to the financial transaction tax. i think you're seeing an understanding of a 21st century economy and how it treats capital. not in this country, not from the republicans. but if i could just say one important thing. last night, the investment, the call for the investment in universal pre-k early education. this is an investment -- >> woodruff: yeah, i wanted to ask you both quickly to respond to that. >> any advanced country understands this is a public investment in our children, our future, and if we want to see upward mobility restored in a country that prides itself, has prided itself on that, this is one step. >> and i think this is one place where, refreshingly, we might
and if we want to create high-paying jobs for people we need to create an environment that's friendly to firms to create jobs. >> the tax burden -- i was going to say, the tax burden on corporation is the lowest it's been in decades. >> because they're locating the jobs overseas. that's how the curve works. >> 11 european union commissioners, including the conservative finance minister of germany has signed on to the financial transaction tax. i think you're seeing an...
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Feb 13, 2013
02/13
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the union and the second term probably have the biggest audience and before we get into the political environment of 2014 and 2016 will begin before we know it. i thought it was very powerful at the end with the gun stories, the personal stories, the people in the box with the first lady and will it change in i votes? we won't know that for weeks if not months. he ended on a high note. >> may not have changed votes. what about minds and hearts of the american people? david, you said you thought he would be hostile and angry, not much. >> i thought he was surprisingly even handed and talked in a bipartisan way. if you look at the substance of it, of course, republicans will challenge that, but nonetheless i thought it was an audacious speech. he embraced old-fashioned liberalism in a way we haven't seen in a long time. bill clinton said the era of big government is over and tonight it seemed to be coming back. >> was it the full loaf? >> i think it was every slice the president wanted not to extend that metaphor too far. i think he set a tone here that his advisers really wanted which is the ameri
the union and the second term probably have the biggest audience and before we get into the political environment of 2014 and 2016 will begin before we know it. i thought it was very powerful at the end with the gun stories, the personal stories, the people in the box with the first lady and will it change in i votes? we won't know that for weeks if not months. he ended on a high note. >> may not have changed votes. what about minds and hearts of the american people? david, you said you...
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Feb 19, 2013
02/13
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. >> michael: how big of a threat is this to the environment? how big is this to health? should we all be concerned about this? >> absolutely. we look at how people are using bio mass. it's either wood or charcoal. if people are using wood,s the equivalent of them being exposed to 4,000 cigarettes per day of secondhand smoke. watching 100 episodes of man "mad men." it's actually bankrupting families. a family made spend $500 a year on charcoal. so 30% of their income, and charcoal production is destructive. ten tons of wood to create one ton of charcoal. it's an enormous issue and it's coming it the fore and having hillary clinton the spokesperson, the female pope, if there was such a thing the pope of the cook stove world which has been a push a and boon to the work i've been doing these past several years. >> michael: i wonder if she knows she's the pope of the cook stove. it's helpful for women these cook stoves are why? >> women are the ones cooking in the kitchen, and they often have children on their back. if go to a place like central america they might be cooking
. >> michael: how big of a threat is this to the environment? how big is this to health? should we all be concerned about this? >> absolutely. we look at how people are using bio mass. it's either wood or charcoal. if people are using wood,s the equivalent of them being exposed to 4,000 cigarettes per day of secondhand smoke. watching 100 episodes of man "mad men." it's actually bankrupting families. a family made spend $500 a year on charcoal. so 30% of their income, and...
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Feb 19, 2013
02/13
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they see a president that is not the back-slapping president like in terms of lbj but a different environment now i think the president a has used biden in the way and perhaps see that down the line. >> at the movie white house when they were going to watch lincoln not one gopper showed up. if they can't get together for social reasons how can we expect them to get together for business reasons? >> the white house has a lot of events where the republicans are invited. you read mcconnell no's reactioo the speech. his whole objective is defeat president obama and that was his priority. republicans politically for many of them being seen with the president doesn't help them and they know that. so, you know, i think the criticisms of leadership, you have to be -- you have to want to be led. and i don't think the republicans generally want to be led. they don't want to be led by john boehner. they don't want to be led by the president. and so it makes things difficult. he can do all of the different outreach they want, but at the end of the day, they need to be doing the right thing and if they ar
they see a president that is not the back-slapping president like in terms of lbj but a different environment now i think the president a has used biden in the way and perhaps see that down the line. >> at the movie white house when they were going to watch lincoln not one gopper showed up. if they can't get together for social reasons how can we expect them to get together for business reasons? >> the white house has a lot of events where the republicans are invited. you read...
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Feb 11, 2013
02/13
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booktv, ben shapiro contends that liberals are guilty of bullying their opposition and creating an environment that discourages political debate. this heritage foundation event is a little under an hour. [applause] >> it's always a pleasure to be here: i'm a huge fan of heritage foundation, everything that they do, actually. they were the first outlet to pick up my syndicated column. i do have a fourth book before "bullies," i spoke here at heritage for that too. i'm also the editor at large of breitbart news, so if you're bored or have an ipad, you can tune in at 870.com. i want to start by talking about andrew breitbart. andrew was a mentor of mine. i met andrew when i was 17 years old. he had just seen a column i wrote for the ucla daily bruin, and he was sitting in a greasy taco joint, saw the column and then promptly e-mailed me. at the time, andrew was just the secret other half of the drudge report. we got together, we became fast friends. and one of the things that andrew and i used to talk about a lot because we knew each other for over a decade before his untimely death, he used to t
booktv, ben shapiro contends that liberals are guilty of bullying their opposition and creating an environment that discourages political debate. this heritage foundation event is a little under an hour. [applause] >> it's always a pleasure to be here: i'm a huge fan of heritage foundation, everything that they do, actually. they were the first outlet to pick up my syndicated column. i do have a fourth book before "bullies," i spoke here at heritage for that too. i'm also the...
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a global threat that has the potential to wipe out resources cause widespread famine and bring our environment civilization to its knees but what if conventional wisdom is wrong and if having more children and increasing the nation's population was actually beneficial to the survival and growth of that nation america's fertility rate the number of children a woman has over the course of her lifetime has been on the decline since the height of the baby boom is it really possible that given this boost that is it really possible a boost in this rate and overall population could solve many of the problems we as a country face today my next guest thinks so and i don't joining me now is jonathan last senior writer at the weekly standard author of the book what to expect when no one's expecting america's coming demographic disaster jonathan welcome great or you good fair hearing here he wanted me to write. i have actually i don't write it i look here i look at the history of the renaissance. your argument. the argument is that throughout human history whenever you have population declines bad things
a global threat that has the potential to wipe out resources cause widespread famine and bring our environment civilization to its knees but what if conventional wisdom is wrong and if having more children and increasing the nation's population was actually beneficial to the survival and growth of that nation america's fertility rate the number of children a woman has over the course of her lifetime has been on the decline since the height of the baby boom is it really possible that given this...
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Feb 14, 2013
02/13
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and mark being truly a rock star in the high-tech social networking environment here in silicon valley. so, they are -- they both have a real role to play with one another. >> reporter: money raised tonight will go toward the 50-year-old's gubernatorial run later this year. christie may seek his party's presidential nomination in 2016. >> to come to california to raise money, both republicans and democrats. >> reporter: zuckerberg and his wife introduced the governor to their social network tonight, which included silicon valley heavy-hitters. 100 guests were here, including condoleezza rice. a business ethics expert from santa clara university, says it isn't unusual for large companies to get involved in politics. >> mark being the chairman of a large company really has the responsibility to be able to nurture and to develop relationships with people in washington who may well end up regulating his company or clearly influencing the degree of success it would have. >> reporter: zuckerberg is not affiliated with any political party. in the past, he attended a dinner with president bara
and mark being truly a rock star in the high-tech social networking environment here in silicon valley. so, they are -- they both have a real role to play with one another. >> reporter: money raised tonight will go toward the 50-year-old's gubernatorial run later this year. christie may seek his party's presidential nomination in 2016. >> to come to california to raise money, both republicans and democrats. >> reporter: zuckerberg and his wife introduced the governor to their...
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Feb 16, 2013
02/13
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now on booktv ben shapiro contends liberals are guilty of bullying their opposition and creating an environment that discourages political debate. this heritage foundation event is a little under an hour. [applause] >> pleasure to be here. i am a huge fan of heritage foundation, everything they do. one townauld.com was part of heritage foundation it occurs to become a syndicated column. i have a fourth book before "bullies" that is prime-time propaganda, fear and intimidation, i spoke here at heritage for that too. i am also the editor at large of bright barred news and hosted radio locally in los angeles and if you have and ipad and continue, 69 in the morning pacific time. let's talk about andrew bright bart, and mentor of mine. he had just seen a column that i wrote for the ucla daily bruin and as he was wanted is sitting in a greek taco joint in westwood, saw the column and e-mail me and at the time just to seek another half, we got together and became fast friends and one thing we talked about a lot is we knew each other, used to talk a lot about how the left were a bunch of bullies and wh
now on booktv ben shapiro contends liberals are guilty of bullying their opposition and creating an environment that discourages political debate. this heritage foundation event is a little under an hour. [applause] >> pleasure to be here. i am a huge fan of heritage foundation, everything they do. one townauld.com was part of heritage foundation it occurs to become a syndicated column. i have a fourth book before "bullies" that is prime-time propaganda, fear and intimidation, i...
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Feb 14, 2013
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now, the accident happened with two police units, in the most safest environment. it just shows you the accident can happen anywhere, it was an accident. it just goes to show the answer to keeping our kids and communities safe is not more guns as the nra would suggest. >> congressman, thank you very much for joining us tonight. and thank you for making the state of the union for meaningful for all of us, by coming up with the idea of inviting people who are victims of gun violence. >> thank you, my guest was the man who lost his sister to gun violence, and many have powerful stories to tell. it puts a face on a really important issue. >> we'll post some video on our website of what your guest, jim tyrell, had to say. thank you. >> coming up, wayne lapierre has an enemy's list, and you're probably on it, especially if you're in a union, since the aflcio is on it, and i'm on it. because the unions i'm in are members. and it is more likely if you're in any jewish organization. the madness and the anti-semitism is in tonight's rewrite. and more on the worldwide demonst
now, the accident happened with two police units, in the most safest environment. it just shows you the accident can happen anywhere, it was an accident. it just goes to show the answer to keeping our kids and communities safe is not more guns as the nra would suggest. >> congressman, thank you very much for joining us tonight. and thank you for making the state of the union for meaningful for all of us, by coming up with the idea of inviting people who are victims of gun violence....
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Feb 14, 2013
02/13
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CNBC
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so that's the type of company that's going to do well in this environment. i think you stay away from the bigger names. >> okay. coming up next on "fast", call of the bull. why one top market strategist believes her wall street colleagues are not bullish enough. we'll get her top plays. >>> and later on, is your portfolio in a rut? you may want to start following some of the moves of activist investors, like carl icon. be right back. know can hurt you.what you don't what if you didn't know that weeping willows have invasive roots? what if you didn't know that a trampoline... could affect your liability? and what if you didn't know that most cars... get broken into when the weather warms up? here, buddy. the more you know, the better you can plan for what's ahead. get smarter about your insurance. ♪ we are farmers bum - pa -dum, bum - bum - bum - bum ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. [ male announcer ] citibank's app
so that's the type of company that's going to do well in this environment. i think you stay away from the bigger names. >> okay. coming up next on "fast", call of the bull. why one top market strategist believes her wall street colleagues are not bullish enough. we'll get her top plays. >>> and later on, is your portfolio in a rut? you may want to start following some of the moves of activist investors, like carl icon. be right back. know can hurt you.what you don't...
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Feb 14, 2013
02/13
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talking about their environment, obviously, there's a tough environment trying to sell old-school books and compete with amazon. you talk e-readers, and that's putting them under pressure today and the nook. talk about the nook and outlook, they talk about a loss for 2013, more than expected, more than of a loss than they thought, and as a result, the stock is tanking. back to you. >> thank you very much, nicole. leapfrog jumping ahead. profit up 90% year over year, and sales rising 16% in the fourth quarter could be a 28% pop in full year revenue. john bash -- john barber, the ceo, you had earnings, down 20% in six months. what's wrong with the picture? >> well, it's actually 70% in 12 months -- >> you joined the company, i believe? >> two years ago. we had four of the top ten selling products last year. i'm a holder of leap frog and excited. i believe the market will have the opportunity in the near future. >> the company came up with the first leap pad, in i think, 1999 or so, surprised they didn't have the ipad, coasted on your coat tails, no? >> no, not really. they are selling mos
talking about their environment, obviously, there's a tough environment trying to sell old-school books and compete with amazon. you talk e-readers, and that's putting them under pressure today and the nook. talk about the nook and outlook, they talk about a loss for 2013, more than expected, more than of a loss than they thought, and as a result, the stock is tanking. back to you. >> thank you very much, nicole. leapfrog jumping ahead. profit up 90% year over year, and sales rising 16%...
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Feb 13, 2013
02/13
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indexing, my friend. >> they are getting short a lot of stocks that are going up in an acome dated fed environment. so, if you look to the show, which i know you do because you love melissa. >> right. >> i've said for a year that long short managers are not going to make money in this environment. you want to focus on one slice of the pizza for the hedge fund industry. the hedge fund industry adds value, deserves it fees for three reasons. number one -- look at all the mortgage-backed security guys and the money they've made. look at the event-driven guys. number two, in the worst times, in the 2008 crisis, they hedge themselves. >> we'll get to those numbers in a second. >> no. in an s&p 500 -- >> going back to goldman sachs. >> no, no -- >> this is the largest ten positions of the hedge funds at the end of last year. >> long-short managers. >> correct. >> look at the names. apple, google, aig, microsoft, qualcomm. >> you want to take one thing off the hedge fund menu. >> hold on, guys. we can't get any points. gary, you finish your point. >> we're showing you that if you look at the two in 20 gu
indexing, my friend. >> they are getting short a lot of stocks that are going up in an acome dated fed environment. so, if you look to the show, which i know you do because you love melissa. >> right. >> i've said for a year that long short managers are not going to make money in this environment. you want to focus on one slice of the pizza for the hedge fund industry. the hedge fund industry adds value, deserves it fees for three reasons. number one -- look at all the...
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Feb 15, 2013
02/13
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in this environment right now, how does this change? what should the president do? >> well, i think he's laid a proposal out there. i think it's a good proposal. i think in the end what'll probably happen is he'll get it through if he sticks to it and he'll negotiate. it might not be $9 an hour, but maybe it's 8.25ds an hour. look, if you're right there on the brink of making $7.25 an hour, a dollar an hour more might mean something to you. look, in louisiana, in nurmz where i live right now, they have a 9.5% sales tax. they're talking about raising it to 14% maybe. can you imagine what that does to a minimum wage worker down here? it just slaughters people. thank god we've got people that are willing to stand up and point out what's going on here, how you can help these people without having any effect on employment. i don't know why we haven't done this a long time ago to tell you the truth. >> let's talk about congress for a moment. today we saw officially just an unprecedented filibuster of defense secretary nominee chuck hagel. is this the worst you've ever see
in this environment right now, how does this change? what should the president do? >> well, i think he's laid a proposal out there. i think it's a good proposal. i think in the end what'll probably happen is he'll get it through if he sticks to it and he'll negotiate. it might not be $9 an hour, but maybe it's 8.25ds an hour. look, if you're right there on the brink of making $7.25 an hour, a dollar an hour more might mean something to you. look, in louisiana, in nurmz where i live right...
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Feb 13, 2013
02/13
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it did he make the environment better dealing with congress? you're getting ready for the sequester battle and the sequester battle on march 1 and for the democratic election in 2014, perhaps sweat a little bit, there are seven of them in the senate and up for reelection in red states and climate change, pushing some of these ideas probably don't sell that much in those states. >> you can add to that, gun control. one of the things that these red state democrats were going to go up for reelection in next year are scared to death about is precisely having to vote and here was obama saying over and over again, you deserve is vote. you want to be on the record. well, there are a lot of democrats who don't want to be on the record in all of these positions and i think he will-- i think he's looking for his legacy not looking for a senator here or there in the congress, he wants to be remembered for a man who changed america, that's what he said started with obamacare and now this litany of programs. you know, he says you can't cut your way to prosp
it did he make the environment better dealing with congress? you're getting ready for the sequester battle and the sequester battle on march 1 and for the democratic election in 2014, perhaps sweat a little bit, there are seven of them in the senate and up for reelection in red states and climate change, pushing some of these ideas probably don't sell that much in those states. >> you can add to that, gun control. one of the things that these red state democrats were going to go up for...
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Feb 14, 2013
02/13
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to something he said in his manifesto, which was that incident command posts will be a target rich environment. here he is holed up in an apartment that almost has a view directly on the command post on the other side of the road with a automatic sniper rifle with .50 caliber sniper bullets. you have to ask yourself two questions. one, when his truck broke was that the first place he could find to get into? or two, did he choose it because it would give him an observation post and potentially a target. >> are you aware how far the broken down truck was from that location? >> i was told it's not that far away. i haven't been there. this might have been the first place he encountered. or he might have hid and found his way back to it. about the search, because you asked about that, they would check houses and if there was any forced entry, they would go in and check that house to determine did that have anything to do with him, was he still there? if there were houses unlocked, they would check those. but where there was sign of no forced entry, generally that was a sign to them that this was in
to something he said in his manifesto, which was that incident command posts will be a target rich environment. here he is holed up in an apartment that almost has a view directly on the command post on the other side of the road with a automatic sniper rifle with .50 caliber sniper bullets. you have to ask yourself two questions. one, when his truck broke was that the first place he could find to get into? or two, did he choose it because it would give him an observation post and potentially a...
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Feb 14, 2013
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second of all the tax environment is incredibly less in the state of florida. as you know we have no state personal income tax. somebody making a million dollars in manhattan is paying $147,000 in taxes that you're not paying in palm beach county. that alone can pay for a very small condo. so they like the tax savings. they're thinking about their employees coming to this area, the families. the public and private schools and that is all very, very important to them. >> no estate tax, inheritance tax, those are things drawing people to the state. let me ask you this, enterprise florida, there is criticism in the state, local papers that this is crony capitalism. the state should not spend valuable tax dollars, florida dollars on initiatives like this. how do you respond to the critics? >> enterprise florida is not funding this recruitment hedge fund initiative. palm beach county nor the state of florida has any money in this. these are tax incentives given to companies moving their operations here. what is often not told, tax incentives today are performance ba
second of all the tax environment is incredibly less in the state of florida. as you know we have no state personal income tax. somebody making a million dollars in manhattan is paying $147,000 in taxes that you're not paying in palm beach county. that alone can pay for a very small condo. so they like the tax savings. they're thinking about their employees coming to this area, the families. the public and private schools and that is all very, very important to them. >> no estate tax,...
273
273
Feb 19, 2013
02/13
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CNBC
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if you want exposure to gold in this environment, this chart makes it crystal clear that the gld remains the only way to go. this is just terrible action, not only has it held up better, but it has also had much less volatility. collins think the loss has done more damage to the mining stocks. in other words the miners have a harder time shaking off than the gld itself. he also nodes when it goes higher, they go up about the same. . so much more up side. this is what we've been telling us for ages. collins has given you the empirical proof you need in the form of the charts. he looked through the largest gold miners and couldn't find a single outperformer in the group. they are the worst stocks at a good time for to bes. the bottom line, i'm a gold bull for ages. that said, based on the charts as interpreted about i tim collins, it might not be the right time to add your position. you need it as insurance. it goes up when everything else is going down and gold is a currency. if you're overweight gold, you have to look at these charts, it wouldn't be crazy to trim back your position a bit
if you want exposure to gold in this environment, this chart makes it crystal clear that the gld remains the only way to go. this is just terrible action, not only has it held up better, but it has also had much less volatility. collins think the loss has done more damage to the mining stocks. in other words the miners have a harder time shaking off than the gld itself. he also nodes when it goes higher, they go up about the same. . so much more up side. this is what we've been telling us for...
92
92
Feb 19, 2013
02/13
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CSPAN
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otherwise, we have created an environment for we need less work. that is why the unemployment rate is so stable, even with an economy that is growing. rather than talking about how we can find jobs to make people work to do, the real question is how can we stop the wealthy class from taking all of the money out of the system and not being willing to give it back. they earned it on a labor of people. cato institute sounds like you wouldn't be talking to a southern plantation owner after the civil war and say all we really need to do is institute savory. but it is a to slavery. guest: the comment is ridiculous but he started off on a good track. the productivity of laborsaving devices is a key part of the economy. he is right, a major issue in and advanced economy is that new machinery and equipment and advanced techniques replaces labor constantly. that is what economic growth is. if we look at manufacturing, it is actually pretty healthy. but they need less workers to produce all those products. the manufacturing itself, in terms of economic export
otherwise, we have created an environment for we need less work. that is why the unemployment rate is so stable, even with an economy that is growing. rather than talking about how we can find jobs to make people work to do, the real question is how can we stop the wealthy class from taking all of the money out of the system and not being willing to give it back. they earned it on a labor of people. cato institute sounds like you wouldn't be talking to a southern plantation owner after the...